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(1)The Restrictive Trade Practices Act 1976 shall not apply in relation to any agreement by virtue only of restrictions being accepted or information provisions being made under it which are comprised in undertakings which have been—

(a)given pursuant to section 88 of the Fair Trading Act 1973, or

(b)certified by the Secretary of State under paragraph 9 of Schedule 11 to the said Act of 1973, or

(c)accepted under section 4 or 9 above.

(2)The said Act of 1976 and Part I of the Restrictive Trade Practices Act 1956 shall be deemed never to have applied in relation to any agreement by virtue only of restrictions being accepted or information provisions being made under it which are comprised in undertakings falling within paragraph (a) or (b) of subsection (1) above.

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